Diversified Management Inc. Buys 13,321 Shares of BJ's Wholesale Club Holdings, Inc. $BJ

Key Points

• Diversified Management Inc. purchased 13,321 BJ’s Wholesale Club shares during the third quarter, valued at approximately $1.23 million. Institutional investors collectively own 98.6% of the company.
• BJ’s insiders have been net sellers, with executives selling 90,416 shares worth about $8.98 million over the past 90 days, including sales by the CEO and an executive vice president.
• Analysts maintain a consensus “Hold” rating with an average price target of $106.06. BJ’s recently beat quarterly earnings and revenue estimates, reporting $1.36 in EPS and $6.23 billion in revenue, up 15.7% year over year.

Diversified Management Inc. bought a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,321 shares of the company's stock, valued at approximately $1,226,000.

Several other institutional investors also recently made changes to their positions in BJ. Corient Private Wealth LLC raised its position in shares of BJ's Wholesale Club by 0.6% during the 4th quarter. Corient Private Wealth LLC now owns 18,491 shares of the company's stock worth $1,665,000 after purchasing an additional 113 shares during the period. Essential Partners LLC boosted its position in BJ's Wholesale Club by 81.2% during the 1st quarter. Essential Partners LLC now owns 290 shares of the company's stock valued at $29,000 after purchasing an additional 130 shares during the period. Balefire LLC grew its stake in BJ's Wholesale Club by 5.0% during the 1st quarter. Balefire LLC now owns 2,845 shares of the company's stock worth $280,000 after buying an additional 136 shares during the last quarter. Elevated Capital Advisors LLC grew its stake in BJ's Wholesale Club by 15.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 1,050 shares of the company's stock worth $103,000 after buying an additional 142 shares during the last quarter. Finally, Sheets Smith Wealth Management increased its position in BJ's Wholesale Club by 4.5% in the second quarter. Sheets Smith Wealth Management now owns 3,796 shares of the company's stock worth $331,000 after buying an additional 163 shares during the period. 98.60% of the stock is owned by institutional investors.

Insider Buying and Selling

In other BJ's Wholesale Club news, EVP William Werner sold 3,000 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $95.00, for a total transaction of $285,000.00. Following the transaction, the executive vice president directly owned 50,160 shares of the company's stock, valued at $4,765,200. This represents a 5.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Robert Eddy sold 8,000 shares of the firm's stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $95.22, for a total value of $761,760.00. Following the transaction, the chief executive officer owned 266,330 shares in the company, valued at approximately $25,359,942.60. This trade represents a 2.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 90,416 shares of company stock worth $8,984,844. Corporate insiders own 1.10% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on BJ. UBS Group increased their price objective on shares of BJ's Wholesale Club from $109.00 to $115.00 and gave the stock a "buy" rating in a report on Monday, August 24th. Roth Capital reissued a "neutral" rating and set a $97.00 target price on shares of BJ's Wholesale Club in a research note on Monday, August 24th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BJ's Wholesale Club in a research report on Friday, August 14th. DA Davidson set a $108.00 target price on BJ's Wholesale Club in a research report on Thursday. Finally, Weiss Ratings upgraded BJ's Wholesale Club from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday, August 26th. Ten investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $106.06.

BJ's Wholesale Club Stock Performance

Shares of NYSE BJ opened at $98.98 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $12.50 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 2.82 and a beta of 0.17. The stock's fifty day simple moving average is $93.73 and its 200 day simple moving average is $92.55. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $83.21 and a 52-week high of $105.78.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings results on Friday, August 21st. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. During the same quarter in the prior year, the firm earned $1.14 EPS. The firm's quarterly revenue was up 15.7% on a year-over-year basis. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, sell-side analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 4.7 earnings per share for the current fiscal year.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ's Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.

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